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Sell Voltas, says Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can sell Voltas. It has gone through a deep correction, followed by a short-covering rally and that rally seems to be fizzling out again, he adds.

May 15, 2013 / 11:21 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "One of the easier trade is to look for short opportunities in this market today. Voltas is one of them. Sell Voltas. It has gone through a deep correction, a rally and that rally seems to be fizzling out again. If not anything at least there is a short term momentum on the downside and that can be captured."

He further added, "The second trade is to buy Idea Cellular. It was in a correction and has now begun a rally. Sometimes we have seen Idea do something of its own not related to the Nifty."
first published: May 13, 2013 04:13 pm

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